Las Vegas gleans tax revenue increase

In addition, the city reduced its operating expenses by $1 million last year and will be able to use that money for the coming spending cycle.

The bulk of the surplus - slightly more than $6.7 million - will be spent on capital improvement projects. Public Works will get $1 million of that for nominal drainage projects and $500,000 will go to traffic improvements.

More than $4.1 million will go to parks. It will be spent to upgrade park restrooms, fund Heritage Park, design other parks, build the Ann Cimmaron community school facility and complete work at Torrey Pines, Doolittle, Children's Memorial and Palo Verde parks and recreation centers.

The remaining $1 million will be kept in a city building reserve.

In addition, $3.5 million of the surplus will be used to help pay for an employee buyout program approved Monday.

Another $1.8 million of the surplus will be used to operate the city's planned government television channel.

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